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USA Compression Partners LP (USA Compression Partners LP) Total Assets : $2,736.8 Mil (As of Dec. 2023)


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What is USA Compression Partners LP Total Assets?

USA Compression Partners LP's Total Assets for the quarter that ended in Dec. 2023 was $2,736.8 Mil.

During the past 12 months, USA Compression Partners LP's average Total Assets Growth Rate was 2.70% per year. During the past 3 years, the average Total Assets Growth Rate was -2.50% per year. During the past 5 years, the average Total Assets Growth Rate was -7.40% per year. During the past 10 years, the average Total Assets Growth Rate was 9.90% per year.

During the past 13 years, USA Compression Partners LP's highest 3-Year average Total Assets Growth Rate was 36.30%. The lowest was -10.60%. And the median was 19.90%.

Total Assets is connected with ROA %. USA Compression Partners LP's annualized ROA % for the quarter that ended in Dec. 2023 was 1.89%. Total Assets is also linked to Revenue through Asset Turnover. USA Compression Partners LP's Asset Turnover for the quarter that ended in Dec. 2023 was 0.08.


USA Compression Partners LP Total Assets Historical Data

The historical data trend for USA Compression Partners LP's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

USA Compression Partners LP Total Assets Chart

USA Compression Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,730.41 2,948.70 2,767.98 2,665.72 2,736.76

USA Compression Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,665.72 2,657.87 2,691.04 2,706.41 2,736.76

USA Compression Partners LP Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

USA Compression Partners LP's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=183.049+2553.711
=2,736.8

USA Compression Partners LP's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=183.049+2553.711
=2,736.8

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


USA Compression Partners LP  (NYSE:USAC) Total Assets Explanation

Total Assets is connected with ROA %.

USA Compression Partners LP's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=51.364/( (2706.414+2736.76)/ 2 )
=51.364/2721.587
=1.89 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

USA Compression Partners LP's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=225.049/( (2706.414+2736.76)/ 2 )
=225.049/2721.587
=0.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

USA Compression Partners LP Total Assets Related Terms

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USA Compression Partners LP (USA Compression Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
111 Congress Avenue, Suite 2400, Austin, TX, USA, 78701
USA Compression Partners LP provides compression services in the United States in terms of total compression fleet horsepower to customers relating to infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and enhancing crude oil production through artificial lift processes. It engineers, designs, operates, services, and repairs its compression units, and maintains related support inventory and equipment. The company provides compression services in several shale plays throughout the U.S., including the Utica, Marcellus, Permian Basin, Delaware Basin, Eagle Ford, and others.
Executives
Eig Veteran Equity Aggregator, L.p. director 1700 PENNSYLVANIA AVENUE, NW, SUITE 800, WASHINGTON DC 20006
Christopher W Porter officer: SEE REMARKS 111 CONGRESS AVE., SUITE 2400, AUSTIN TX 78701
Eric D Long director, officer: See Remarks 111 CONGRESS AVE., SUITE 2400, AUSTIN TX 78701
Michael C Pearl officer: See Remarks 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380-7046
Sean T Kimble officer: SEE REMARKS 111 CONGRESS AVE., SUITE 2400, AUSTIN TX 78701
Bradford D. Whitehurst director, See Remarks 100 CONGRESS AVENUE, SUITE 450, AUSTIN TX 78701
W Brett Smith director 508 W WALL AVE., SUITE 500, MIDLAND TX 79701
Eric A Scheller officer: See Remarks 111 CONGRESS AVE, SUITE 2400, AUSTIN TX 78701
Energy Transfer Lp 10 percent owner 8111 WESTCHESTER DRIVE, SUITE 600, DALLAS TX 75225
Le Gp Llc 10 percent owner
Energy Transfer Operating, L.p. 10 percent owner 8111 WESTCHESTER DRIVE, SUITE 600, DALLAS TX 75225
Energy Transfer Partners Gp, L.p. 10 percent owner 3738 OAK LAWN AVE., DALLAS TX 75219
Energy Transfer Partners, L.l.c. 10 percent owner 3738 OAK LAWN AVE., DALLAS TX 75219
Kelcy L Warren 10 percent owner
William G Manias director GULFTERRA ENERGY PARTNERS, 4 GREENWAY PLAZA, HOUSTON TX 77046